Technology is changing the music industry. Joel DeRoss believes we can do it with time travel. With ideas as far out as virtual reality, check out this TedTalk from Tedx Melbourne from an entertainment industry music producer, DJ, event organizer and record label owner.

This talk was given at a local TEDx event, produced independently of the TED Conferences. Brian McTear grew up wanting to be a rock star, but he had one problem: In the late ‘90s, we all just stopped paying for music. How can a hard-working musician or producer make a living now? McTear, with his project Weathervane Music, has stumbled on a way — and it’s both practical and deeply focused on our shared love of music. And yes, his model can work for all kinds of content creators.

The Grammy Award is an accolade by the National Academy of Recording Arts and Sciences of the United States. The award recognizes the outstanding achievements of artists in the music industry. The award ceremony features performances by prominent artists and the presentations of these awards.

Here is a look at who took home awards at the most recent Grammy Awards, in its 58th year in existence.

2015 was an exciting time for music. There were a number of new albums released, from artists new and old, that continually shape and advance the culture. Here are 10 of the most popular albums from the last year.

India has the second largest population in the world, and its economy is growing rapidly. These are two conditions have helped the music industry boom as well. According to this recent article, a number of different music genres are beginning to experience substantial growth throughout the country.

“The music industry in India is booming – all of it is,” according to Nikhil Chinapa, the curator of the annual Vh1 Supersonic fest in Goa.

When asked about the growth of music genres in the country, he had this to say: “ Festivals often showcase a diverse range of music and quite honestly, the success of electronic music festivals has encouraged people to start new jazz, blues, traditional music, rock and even food festivals in India.”

Digital Music News comes to us with the biggest lies told about today’s music industry. With the rise of technology, the music industry has certainly changed, but there are many rumors spreading about that are simply not true.

The first lie is that great music will organically find its fit in the music industry. Great music is only part of being successful in the music industry. Many great songs vanish into obscurity, as there is little financing or marketing behind these songs. Today, popular music is lead by the big record labels who are able to reach the most amount of people.

Another lie spreading around the music industry is that major record labels will eventually die. Although there are more niche artists than before, major record labels are still controlling the popular music and the money. These major record labels are perfecting the art of building and maintaining their artists careers.

Selling digital music is better for revenue than the physical product. This is false. Digital sales volumes are at an all-time low. Artists who are able to sell CDs and vinyl are able to make more money than by selling online. Japan, for example, is currently has the biggest market for recorded music thanks to their strong physical music sales.

There is a half-lie on this list as well. Many people believe that all the money in music is in touring these days. While this can be true for artists like Pretty Lights and other EDM artists, this is not the case for most artists. Most artists are struggling on the road and have to cut their careers because it simply is not worth the money. There is no middle class in music. The music industry today is split into rich artists and starving artists.

The article ends with the presumed lie that streaming is the future of music. This is tough to tell since most of the streaming websites are finding trouble in obtaining profits. YouTube has been giving away music for free, which could be the future of music.

To see the rest of the lies in the music industry, take a look at Christopher’s slideshare below:

In a recent article posted by The Huffington Post, music industry experts put Taylor Swift in her place when she discusses her take of the future of the music industry. Recently, Taylor Swift wrote an op ed piece at the music industry that read like a “delusional fairy tale” where she describes music and fans falling in love. However, many people are quick to tell her she’s wrong and correct her claims that she makes in her op ed piece. Many experts don’t believe that “pure hard work” is ever enough to sell an album or the total cost of an album should be based on the “heart and soul” of the record.

Unfortunately, the truth of the matter is success in music has robbed anyone who isn’t a mega star or super successful in the industry of a lucrative career. Even the mega stars are struggling to make a profit. With mediums such as Spotify and Pandora that are failing to make a profit, more artists are turning to Kickstarter to fund their music projects. Crowd funding seems to be more the future than ever before. However, the fact that people aren’t buying records is no good news to anyone. According to studies from January 2014, record sales hit their lowest points since records were collected in 1991.This is hurting sales for major pop stars and decimating them for lesser known acts. As said in a 2012 New York magazine profile, “For much of the twentieth century, you might have assumed that musicians with top-twenty sales week and a Radio City show –made as much as their dentists.”

This is simply not the case anymore. Now hits are being defined by declining numbers and flops are almost comical in their lousy sales. Many people wonder about digital sales, since more people are buying music online to listen to on their mobile devices. Well, they aren’t faring well either. People are downloading music but illegally or they are streaming music with programs like Spotify or Pandora. But as said before, they are having issues making a profit themselves. Unlike what Taylor Swift said in her op ed, this problem cannot be solved with an “arrow through the heart” but rather this is a commerce issue. The music industry needs to reevaluate the way it makes money. Moving forward, it will be interesting to see if the industry can figure out a way for their sales to increase and artists of all levels of stardom can go back to making the kind of money they used to received.

Notable Clients

Dave Matthews Band, Hanson, Jerry Garcia. Christopher Sabec has represented each of these acts in his career in the music industry. Working for Rightscorp, Inc. he deals with copyright infringement and consumers illegally downloading music.